Timeline

We created our bank in 1991 and gave it the name Vozrozhdenie, what means ‘Renaissance’, for good reason. Our purpose was, and is, to be a valuable catalyst for the Russian economy, empowering people and their businesses to flourish.
Dmitry Orlov
Chairman of the Board of Directors
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1991-1992
Bank Vozrozhdenie is registered with 34 branches in Moscow and the Moscow region by the Bank of Russia
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The Bank of Russia issued the currency licence to Bank Vozrozhdenie
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Bank Vozrozhdenie becomes a member of the Moscow Interbank Currency Exchange
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Shares of the Bank start trading on Russian stock exchanges
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1993-1995
Creation of the cash-in-transit service
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Introduction of the S.W.I.F.T. system
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Establishment of correspondent relations with the foreign banks
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Bank Vozrozhdenie becomes a member of the VISA international payment system
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The Bank obtains the status of the authorised bank of the Russian government
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1996-1998
Beginning of cooperation with the World Bank
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The Bank’s ADR commenced trading on international capital markets
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Standard & Poor’s assigned Bank Vozrozhdenie with its credit rating
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Commence of the cooperation with CIBC
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Opening of the processing centre
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1999-2002
CIBC becomes a shareholder
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Europay International certifies the Bank’s processing centre
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Bank Vozrozhdenie enteres the top-20 largest banks in terms of corporate loan portfolio
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The Bank’s ATM network becomes the largest in the Moscow region
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2003-2004
The Bank enters the top-3 banking institutions in terms of the size of branch network
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Bank Vozrozhdenie joins the deposit insurance system and enters the top-10 largest banks by retail deposits
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2005-2006
The Bank enters the top-3 in the AHML programme (the state agency for housing mortgage lending) and the top-10 largest mortgage lending banks in Russia
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The branch network includes 138 offices and over 400 ATMs, serving more than 900 thousand customers
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2007-2009
The Bank issues its millionth bank card
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Customer numbers increased to 55 thousand corporate and 1.35 million retail clients
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The Bank develops the innovative deposit “Bankomatniy”, which can be opened at any Bank Vozrozhdenie ATM
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2010-2011
Bank Vozrozhdenie becomes “Bank of the Year in Russia - 2010”, according to “The Banker” magazine
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The international rating agency Standard & Poor’s in 2011 upgraded Bank Vozrozhdenie rating to ‘BB-‘ on the international scale and ‘ruAA-‘ on the Russian scale with a “stable” outlook
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According to the Brand Finance’s rating of the world’s largest banks, Bank Vozrozhdenie brand is worth $168m (US)
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2012
The Bank’s assets reached 209.1 billion roubles
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Bank Vozrozhdenie enters the top-1000 world banks ranking, according to “The Banker” magazine
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Bank Vozrozhdenie was the first bank that issued the custom card “Round”
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2013
The credit rating agency Standard & Poor’s affirms its long-and short-term credit ratings for Bank Vozrozhdenie at ‘BB-/ B’ on the international scale and ‘ruAA-’ on the national scale. The ratings outlook remains “stable”
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The World Finance magazine declares Bank Vozrozhdenie the winner for “Best Corporate Governance in Russia”